Recent discussions between Sri Lanka and the International Monetary Fund (IMF) have centered on taxation matters, particularly Value Added Tax (VAT), and the country’s revenue targets.
Cabinet Spokesperson and Minister Vijitha Herath told reporters in Colombo that these discussions aim to align Sri Lanka’s fiscal policies with IMF recommendations, though no final decisions have been made.
Held in Washington, the meetings included the Central Bank Governor, the Secretary of the Treasury, and the President’s Economic Advisor. The tax components of the IMF agreement remain under review, with further updates anticipated in an upcoming media briefing from the attending officials.
Minister Herath added that the recent IMF delegation’s visit to Sri Lanka was intended to engage with the new government and explore future collaboration. He clarified that in-depth discussions on the agreement were not part of the delegation’s agenda during their visit.
